Key Performance Indicators (KPIs) for Your Construction Business
Ever feel like construction projects are more like juggling chainsaws on a unicycle in a blindfold? You’re not alone. The chaos of schedules, budgets, and unforeseen hiccups can make even the most seasoned builder want to quit. But there’s a simple way to predict the success of your construction business:…
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RESIDENTIAL CONSTRUCTION PROJECT SCHEDULE TEMPLATE
CLICK BELOW TO LISTEN TO THE BLOGCAST OF THIS POST. Managing and producing a construction project schedule is a task that many construction business owners find challenging. It requires a balance between accuracy for the short term and flexibility for the long term. One effective way to ensure your team…
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How to Estimate a Construction Project with Subcontractors
As a general contractor, estimating construction projects accurately is key to running a successful business. However, the process can be overwhelming and time-consuming. It’s especially frustrating when you’re waiting on subcontractors to provide pricing information, causing delays and inefficiencies in your sales funnel. Luckily, there’s a way to streamline the…
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STOP GUESSING AT YOUR PRICE: HOW TO GROW A PROFITABLE CONSTRUCTION BUSINESS
MOST CONTRACTORS DON’T UNDERSTAND THE BUSINESS SIDE OF THEIR CONSTRUCTION BUSINESS Most builders start construction businesses for two reasons: They love to build things and they want freedom. Maybe you want the freedom to make your own schedule, or the freedom to produce your own high-quality projects. And let’s not…
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HOW TO USE PROFITS IN YOUR CONSTRUCTION BUSINESS
MOST CONSTRUCTION BUSINESS OWNERS ARE NOT PROFITABLE Most construction business owners aren’t charging enough for their work, which limits their profits and their ability to grow. Without profits you will either go out of business, or you’ll stay afloat by not paying yourself what you should. Both of these situations…
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HOW TO AVOID THE BIGGEST MISTAKE CONSTRUCTION BUSINESS OWNERS MAKE
YOU CAN’T DO IT ALL YOURSELF Most construction business owners make the mistake of thinking they have to be THE expert in the business to grow the business. Making this mistake creates stress and frustration for you because you will spend all your time answering questions and reacting to day-to-day…
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HOW TO EFFECTIVELY MANAGE YOUR TIME WITHOUT DOING MORE WORK
The Built to Build Academy’s® Effective Time Management Session was rated one of the top 10 most popular IBSx Education Sessions for two years in a row. This nationally recognized session made the Top 10 for a reason. Most construction business owners struggle finding enough time to get everything done.…
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WHY YOU SHOULD STOP TRYING TO GROW YOUR BUSINESS (DO THIS INSTEAD)
MOST CONSTRUCTION BUSINESS OWNERS ARE STUCK When you started your construction business, you didn’t set out to become an unpaid employee in a profitless business. You didn’t start your construction business so you could do a lot of paperwork, argue with strangers about the price of your estimates, and lose…
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STREAMLINE YOUR BUSINESS WITH THIS SIMPLE DIAGRAM
MOST CONSTRUCTION BUSINESSES AREN’T BALANCED You sell a product or service for money. That’s where your business starts. SALES. If you aren’t able to deliver value to your customers and make a profit, then your business is out of balance. Construction businesses, as well as businesses in general, must stay…
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HOW TO HIRE THE RIGHT EMPLOYEES FOR YOUR CONSTRUCTION BUSINESS
If you’re having trouble finding the right employees for your construction business, then you’re probably looking for them as opposed to attracting them. Without a systematic way to attract, prequalify, and indoctrinate your next best employee, your construction business is going to suffer. You’ll waste time interviewing multiple candidates who…
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